They also appointed Gulbenkian as financial advisor to the government. As soon as the Young Turks came to power, they transferred the sultan's private oil fields back to the Treasury. With the Young Turk Revolution of 1908 that followed, the monopoly dreams of the Germans were destroyed: Now the British were also in the market. Gulbenkian opened an office in Istanbul on behalf of Royal Dutch Shell. In his youth, he worked in Baku at Mantashev Oil Company, a subsidiary of Asiatic Petroleum, whose main partners were Royal Dutch, Shell and the Rothschild family.Ī portrait of Ottoman Sultan Abdulhamid II. Gulbenkian knew Ottoman geography well, as he traveled a lot with his father. His father was a tax collector for the Ottoman Empire. Istanbul-born Ottoman-Armenian Calouste Sarkis Gulbenkian was an oil genius. In addition, he bought the oil fields from the state treasury, the Hazine-i Hümayun, and registered them in his personal treasury, namely the Hazine-i Hassa, so that they would not be lost after a possible war due to escalating competition. He had reports prepared on the oil of the region. He bought time by maintaining a balanced foreign policy between Britain, Germany and the U.S. Sultan Abdülhamid II knew that Mesopotamian oil was whetting the appetite of his rivals and the real intentions of the men working on his land under the label of archaeologists.
The Standard Oil Company's headquarters, in New York, U.S.
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